It’s time for the #hotquestionoftheweek and this week, I’m paraphrasing a rather long message: why are you calling the industry out? (IE. He who lives in a glass house shouldn’t throw stones)

I love this industry. I love what we do for the world in terms of providing clean, inexpensive fuel that powers every part of our lives. To take the example of food- the machines, transport, packaging, heating/cooling of the store where we buy it – none of it is possible without energy. But the decisions Leaders and Boards of companies in this industry are making have consistently caused oil and gas companies to deliver horrible returns to investors. Investors make our industry work and we need to do better. The problems (and causes) are not that hard to resolve.

Yes, OPEC+ can swing volumes but they have since the 60’s and in modern time the US is the swing producer. This is a NAV business – $10/bbl higher (pure margin) more than fixes a lack of growth.

Finally, I love the humor and cleverness of Mr. Skilling (parody) and Energy Cynic on Twitter. They are hilarious. But someone with a real name, reputation and experience in this industry has to call people out if we hope to change behaviors. For lack of a better option, that person appears to be me.